NRG Energy is today's top mover after declining 6.62%
The leading indices are slipping — Dow Jones slipping 0.68% and closing at 33,200. S&P 500 drawing back 0.56% to 4,068.
Today's price action is taking place amid mixed market indicators – Initial Jobless Claims in United States fell short of market expectations (240,000) with a reading of 242,000, continuing the decline from the previous figure of 229,000.
Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with the most active utilities stocks listed below.
Strong start to the session sees New Fortress Energy peaking at $30.88
After closing the previous trading day at $27.77, New Fortress Energy Inc. is up to $30.43, which makes for a move of 9.58%/$2.66 today. The company is currently trading with a market cap of $6.35 billion with an average daily volume of 1 million shares.
NRG Energy | Currently down 6.62% at $31.23
The Houston-based energy supplier down by $2.21 (6.62%). This is the largest single day drop since Feb 16. The nuclear electric power company has shed 23.36% over the past six months. So far this year, it has been under-performing the S&P by 3.67%. The Houston-based energy supplier's market cap currently stands at $7.25 billion with an average daily trading volume of 2.95 million shares.
UGI Corporation plunges 5.67% ahead of quarterly report today
More of the same today: UGI Corporation is down to $30.42, after ending yesterday at $32.25. Overall, a 5.67% loss or $1.83 today. Currently, the natural gas and electric power distribution company has a market capitalization of $6.37 billion with an average daily trading volume of 1.24 million shares. So far this year, it has been doing worse than the Nasdaq by 28.86%.
UGI Corporation is scheduled to announce earnings results today. The consensus EPS estimate is 1.78 and the consensus revenue estimate is $3.13 billion.